Northern Oil and Gas Inc
NYSE:NOG

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Northern Oil and Gas Inc
NYSE:NOG
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Price: 36.04 USD -1.18% Market Closed
Market Cap: 3.6B USD
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Northern Oil and Gas Inc
Accrued Liabilities

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
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Annual
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Northern Oil and Gas Inc
Accrued Liabilities Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Accrued Liabilities CAGR 3Y CAGR 5Y CAGR 10Y
Northern Oil and Gas Inc
NYSE:NOG
Accrued Liabilities
$265.3m
CAGR 3-Years
36%
CAGR 5-Years
20%
CAGR 10-Years
31%
Hess Corp
NYSE:HES
Accrued Liabilities
$2.4B
CAGR 3-Years
14%
CAGR 5-Years
6%
CAGR 10-Years
-2%
EOG Resources Inc
NYSE:EOG
Accrued Liabilities
$1.2B
CAGR 3-Years
17%
CAGR 5-Years
12%
CAGR 10-Years
17%
Texas Pacific Land Corp
NYSE:TPL
Accrued Liabilities
$953k
CAGR 3-Years
-48%
CAGR 5-Years
-23%
CAGR 10-Years
13%
Diamondback Energy Inc
NASDAQ:FANG
Accrued Liabilities
$1.5B
CAGR 3-Years
24%
CAGR 5-Years
15%
CAGR 10-Years
24%
Conocophillips
NYSE:COP
Accrued Liabilities
$1.8B
CAGR 3-Years
-19%
CAGR 5-Years
6%
CAGR 10-Years
5%
No Stocks Found

Northern Oil and Gas Inc
Glance View

Market Cap
3.6B USD
Industry
Energy

Northern Oil and Gas Inc. has carved its niche as a strategic player in the vast landscape of the U.S. oil and gas industry. Unlike typical oil companies, Northern doesn't drill itself; instead, it masters the art of acquiring non-operated interests in the prolific oil-rich regions of the Bakken, Williston, and Permian Basins. This unique business model allows the company to focus on partnering with experienced operators, leveraging their drilling and operational expertise while sharing in the proceeds of each producing well. Northern's profit pipeline, therefore, flows from thoughtful investment decisions that center around selecting promising drilling prospects and optimizing its diverse portfolio of well interests. The company generates revenue primarily through oil and gas sales, with additional income streams from lease bonus payments and royalties. By eschewing the large capital expenditures that operators incur, Northern maintains significant financial flexibility, granting it the agility to pivot and seize new opportunities in emerging fields. Furthermore, its strategy places it in a favorable position to react dynamically to market fluctuations, a critical advantage in an industry often buffeted by the volatility of oil prices. Through this approach, Northern Oil and Gas Inc. cultivates a robust balance sheet and consistently positions itself to deliver value to its shareholders, even as the industry faces transformative shifts in energy sources and policy landscapes.

NOG Intrinsic Value
55.06 USD
Undervaluation 35%
Intrinsic Value
Price

See Also

What is Northern Oil and Gas Inc's Accrued Liabilities?
Accrued Liabilities
265.3m USD

Based on the financial report for Sep 30, 2024, Northern Oil and Gas Inc's Accrued Liabilities amounts to 265.3m USD.

What is Northern Oil and Gas Inc's Accrued Liabilities growth rate?
Accrued Liabilities CAGR 10Y
31%

Over the last year, the Accrued Liabilities growth was 42%. The average annual Accrued Liabilities growth rates for Northern Oil and Gas Inc have been 36% over the past three years , 20% over the past five years , and 31% over the past ten years .

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